Europe will continue buying Russian oil via third countries once it introduces an embargo, RIA news agency cited Vladimir Dzhabarov, first deputy head of Russian upper house’s international affairs committee, Continue Reading
A convoy of buses attempted to evacuate more civilians from the devastated port city of Mariupol on Wednesday as Russian forces pounded targets across eastern Ukraine and tried to advance Continue Reading
Russian President Vladimir Putin put the West on notice on Tuesday that he could terminate exports and deals, the Kremlin’s toughest response yet to the sanctions burden imposed by the Continue Reading
Shipping group Maersk (MAERSKb.CO) made its last cargo shipment to a Russian port this week and took impairment losses and writedowns of $718 because of Russia’s invasion of Ukraine, the Continue Reading
The European Union’s chief executive on Wednesday proposed a phased oil embargo on Russia, as well as sanctions on its top bank and to ban Russian broadcasters from European airwaves, Continue Reading
Russia’s decades-long dominance of Europe’s energy market is crumbling, and the biggest blow is expected this week as the European Union moves toward a ban on Russian oil. On Wednesday, Continue Reading
Standard Chartered expects the energy market to be surprised at the speed of contraction of Russian energy flows into Europe in coming months. EU countries have paid Russia just over Continue Reading
Italy is set to unveil a new stimulus package on Monday worth up to 7 billion euros ($7.35 billion) to curb surging energy prices and help companies cope with the Continue Reading
Goldman Sachs Group Inc (GS.N) reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a Continue Reading
German Chancellor Olaf Scholz pledged 10 billion euros ($10.51 billion) to help India achieve its climate goals after meeting its Prime Minister Narendra Modi in Berlin on Monday, but the Continue Reading
